Nelson Funding Closes $10,269,000 Construction Loan for a 17-Home Subdivision in Roseville, CA

Nelson Funding recently closed a $10,269,000 construction loan to build out a 17-home single-family subdivision in Roseville, California.

One loan covers the build-out of all 17 homes. Roseville is one of the most active housing markets in the Sacramento region, and new single-family homes there draw buyers from across the metro.

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Transaction Highlights

• Loan Amount: $10,269,000
• Property Type: 17-home single-family subdivision
• Location: Roseville, CA (Placer County)
• Loan Purpose: Subdivision build-out, ground-up construction

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“Subdivisions move faster when the builder has one lender behind the whole project,” said Dylan Nelson, Founder and President of Nelson Funding. “That’s what we gave them here.”

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Building in California? Contact Nelson Funding at 801-845-0092 or NelsonFunding.com.

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About Us:

Nelson Funding is a nationwide commercial loan broker and direct lender helping borrowers get the best possible financing for their respective projects. Nelson Funding has provided financing for over 80 projects and placed more than $600mm of capital, from new construction to cash-out refinances, land development, and more. We specialize in construction funding, bridge funding, and conventional term financing.

With deep capital-market relationships and an experienced team, Nelson Funding places high-leverage debt across all deal types, including land development, single-family construction, multifamily construction, industrial, office, retail, hospitality, special-use, cannabis, and more.